Students face 20 years of debt under uni fee changes

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Exclusive: Some students will take 20 years to pay off their university debts under the government's overhaul of fees | fergushunter

Some students will take 20 years to pay off their university debts under the government's overhaul of fees, with the financial burden of humanities and communications degrees to drag on for twice as long as it does under the current system.

According to the projections, men who study a degree made up entirely of social science subjects will take 12.3 years to pay off their HELP debt, up from 6.2 years – a 98 per cent increase. Women studying social sciences will take 14.2 years to repay their debt, up from 7.1 years – a 100 per cent increase.

The analysis also found men who study management and commerce degrees will take 12.4 years to pay off their debts, up from 9.9 years. Women in management and commerce will take 14.2 years, up from 11.3. Male law graduates will take 12.1 years to pay off their debt, up from 9.7, with women taking 15.7 years, up from 12.5.

 

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fergushunter This is reality for what they are doing to students to never let them build wealth. They are beholden to debt in their prime earning years on purpose. NWO wants to impoverish everyone, force them to not prosper, build wealth, and live in struggle.

fergushunter That's the spirit, make them paupers before they can join the workforce. The government needs an overhaul of their outrages salaries that they don't earn. Pathetic.

fergushunter The knuckle dragging bare faced racists in this thread...Utter lack of vision...let me guess plenty of money for Christmas Island though right...and ..wars to kill those Muslim people in the Middle East...that money appears magically.....LittleMindedFuckwits auspol

fergushunter

fergushunter Unless they belong to the Asian elite. There won't be many native born students affected, because they can't access selective state high schools to help them get to uni anyway. Less than 5% white allowed in there now. Our kids will soon be paying rent to well-off Asian graduates.

fergushunter Why is it When ever I see “modelling finds” I am suspect? Nearly all “modelling” on any thing in the past as been wrong!

fergushunter

fergushunter Gee thanks DanTehanWannon My kid is a 2020 HSC student. What you are doing is HORRIBLE!

fergushunter So same old same old?

fergushunter Higher Education, Hmm To many Universities To many Degrees, 2019 Cost tax payers $18 b And for what People with Degrees end up doing menial Jobs in Australia And 'A picture is worth a thousand words'

fergushunter Yes. That was the intention, try and keep up

fergushunter And the degrees aren’t worth the pieces of paper they’re printed on.

fergushunter Like mortgages, education at the tertiary level carries a substantial financial burden and associated commitment. It must be carefully considered.

fergushunter insanity

fergushunter And?

fergushunter Don't enrol in useless degrees that have no job prospects and earn no money. Turns out no one wants to pay you $100k a year to study lesbian dance theory....

fergushunter That will keep those book learners quiet!

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